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20121129
20121207
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KPIX (CBS) 1
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market boom, we have an energy field that is booming. companies would be spend physician we could get over this cliff. >> schieffer: i'm hearing some liberal democrats will say let it go over the cliff. i mean, would they really do that? i mean, because what would happen, then you would have, i guess, the tax cuts would expire. but would they let these draconian cuts in, say, defense spending, where basically, the military wouldn't be able to buy gasoline for their vehicles and that kind of thing. >> i think it's a dangerous argument. now, i think the truth is if you go over the cliff for a couple weeks, no, that's not going to be a disaster to the economy if there's a deal in place, if a deal gets done quickly. but if you're on the cliff, off the cliff, and back on for weeks or months end that would have a really devastating effect not only on the economy but trust in our political system. it's worth noting a recent harvard business school survey found most business leaders in this country see political dysfunction as the biggest impediment to growth. >> we used to walk up to the bri
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